Schwab Reports Monthly Activity Highlights

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SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report
today. Company highlights for the month of October 2018 include:

Core net new assets brought to the company by new and existing clients
in October 2018 totaled $14.9 billion. Net new assets excluding mutual
fund clearing totaled $14.4 billion.

Total client assets were $3.39 trillion as of month-end October, up 4%
from October 2017 and down 5% compared to September 2018.

New brokerage accounts were 133,000 in October, up 14% from October
2017 and up 12% compared to September 2018.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of
financial services, with more than 350 offices and 11.5 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
1.3 million banking accounts, and $3.39 trillion in client assets as of
October 31, 2018. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, money management, custody, and financial advisory services to
individual investors and independent investment advisors. Its
broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

The Charles Schwab Corporation Monthly Activity Report For
October 2018

Net new assets before significant one-time inflows or outflows, such
as acquisitions/divestitures or extraordinary flows (generally
greater than $10 billion) relating to a specific client. These flows
may span multiple reporting periods.

(3)

Excludes Retirement Business Services.

(4)

In September 2018, the definition of active brokerage accounts was
standardized across all account types as accounts with activity
within the preceding 270 days. This change increased active accounts
by approximately 63,000.